Bitcoin at risk of deeper fall below 45k

Bitcoin has fallen back since yesterday, but so far the earlier low of the week, at exactly 45,000 remains intact. The level has certainly proved to be resilient but it is by no means a guarantee of capping the downside under the current wider market conditions. The lead cryptocurrency is not ignorant of what is going on around it either and the higher dollar and higher yields are not lost on the professional holder of Bitcoin either. As to whether or not that leads to a downside extension beyond 45k is not certain, but the risks are surely rising and the feeling here; is that right now it wiould be a surprise if the price did not take this level out at some stage before the month is over. Bitcoin is currently now moving to fresh session lows, trading at 45,500